Background of EMIR: EMIR is a forthcoming EU-directive that addresses some of the concerns that came to focus at the financial crisis in 2008. The financial crisis brought over-the-counter (OTC) derivatives to the forefront of regulatory attention. The near-collapse of Bear Sterns in March 2008, the default of Lehman Brothers on 15 September 2008 and… Continue reading Who should care about the coming EU-directive – EMIR?
